• Startup Pulse
    Kutlerri.ai raises $4 million from Narahari Investments. JSW Ventures completes the first close of Fund III, with JSW Family Office as anchor investor. Desible.ai raises ₹32 crore in a funding round led by Prime Venture Partners, with participation from Invention Engine. mistEO raises ₹18 crore in a seed round led by MGF Kavachh, with Seafund and other investors participating. Astrome Technologies signs an agreement with the Technology Development Board for ₹64.05 crore in support through optionally convertible debt under the RDI Fund. Nawgati is selected among the top 10 finalists of the UAE-India Startup Series 2.0. ValueQuest commits ₹775 crore across Sagar Defence Engineering, TASE Global and Rational Engineers. Greenjoules raises ₹150 crore in a Series B round co-led by Amazon Smbhav Venture Fund and Climate Pledge Fund, with Rainmatter and Singularity Strategic Autonomy Fund participating, and secures a separate ₹100 crore loan from the Technology Development Board. London-based fintech startup Seva Money announced a $5 million seed funding round co-led by Blockwall and Revent, with participation from Seedcamp. altM raises $10.3 million in a Series A round led by Rainmatter by Zerodha and Mela Ventures, with Omnivore, Theia Ventures, Aureolis Ventures, Spectrum Impact and strategic angel investors participating. Kutlerri.ai raises $4 million from Narahari Investments. JSW Ventures completes the first close of Fund III, with JSW Family Office as anchor investor. Desible.ai raises ₹32 crore in a funding round led by Prime Venture Partners, with participation from Invention Engine. mistEO raises ₹18 crore in a seed round led by MGF Kavachh, with Seafund and other investors participating. Astrome Technologies signs an agreement with the Technology Development Board for ₹64.05 crore in support through optionally convertible debt under the RDI Fund. Nawgati is selected among the top 10 finalists of the UAE-India Startup Series 2.0. ValueQuest commits ₹775 crore across Sagar Defence Engineering, TASE Global and Rational Engineers. Greenjoules raises ₹150 crore in a Series B round co-led by Amazon Smbhav Venture Fund and Climate Pledge Fund, with Rainmatter and Singularity Strategic Autonomy Fund participating, and secures a separate ₹100 crore loan from the Technology Development Board. London-based fintech startup Seva Money announced a $5 million seed funding round co-led by Blockwall and Revent, with participation from Seedcamp. altM raises $10.3 million in a Series A round led by Rainmatter by Zerodha and Mela Ventures, with Omnivore, Theia Ventures, Aureolis Ventures, Spectrum Impact and strategic angel investors participating.
  • Sudarshan Chemicals Q1 FY26: EBITDA Doubles, PAT Climbs 87 Per Cent YoY

    Sudarshan Chemicals Q1 FY26

    Pune: Sudarshan Chemical Industries Limited (BSE: 506655; NSE: SUDARSCHEM) announced its consolidated financial performance for the first quarter ended June 30, 2025. (Sudarshan Chemicals Q1 FY26)

    The company reported strong growth across revenue and profitability in Sudarshan Chemicals Q1 FY26 results.

    The Group’s revenue from operations stood at ₹2,507 crore, a sharp rise of 295% from ₹634 crore recorded in Q1 FY25.

    Also Read: Sudarshan Chemicals Leads World Nature Conservation Day with 1847 Hectares Restored

    The surge reflects the consolidation of the recently completed Heubach acquisition, strengthening Sudarshan’s global presence and product portfolio.

    Sudarshan Chemicals Q1 FY26: Profitability Metrics

    Adjusted EBITDA grew 103% year-on-year to ₹165 crore, compared to ₹81 crore in the same quarter last year. Profit After Tax (PAT) for Sudarshan Chemicals Q1 FY26 increased 87% to ₹55 crore, up from ₹29 crore in Q1 FY25. Earnings per share (EPS) stood at ₹6.0 against ₹4.3 in the previous year.

    Commenting on the performance, Rajesh Rathi, Chairman and Managing Director of Sudarshan Chemical Industries Ltd., said, “The first quarter reflects the initial impact of the Heubach acquisition, which has expanded our global presence and product portfolio. As integration progresses, our focus will remain on driving efficiencies and delivering value across markets. We are building a global corporation with strong foundations, bringing together people and capabilities from across regions to strengthen our leadership in pigments.”

    Also Read: Godrej Chemicals Business to Invest ₹750 Crore in Capacity Expansion

    Founded in 1951, Sudarshan Chemical Industries Ltd. is a leading global color solutions provider with a diverse portfolio of over 1,600 products, including organic pigments, inorganic pigments, pigment dispersions, dyes, and anticorrosive pigments.

    With 19 manufacturing sites across five continents, the company serves more than 4,000 customers in over 120 countries.

    Author

    • Salil Urunkar

      Salil Urunkar is a senior journalist and the editorial mind behind Sahyadri Startups. With years of experience covering Pune’s entrepreneurial rise, he’s passionate about telling the real stories of founders, disruptors, and game-changers.

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